DJ Loews Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Loews Corp. (L) inched 0.16% higher to $86.08 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.25% to 6,090.27 and the Dow Jones Industrial Average falling 0.28% to 44,642.52.
This was the stock's second consecutive day of gains.
Loews Corp. closed $1.37 below its 52-week high ($87.45), which the company achieved on November 27th.
The stock outperformed some of its competitors Friday, as Chubb Ltd. $(CB)$ fell 1.15% to $283.32, Progressive Corp. $(PGR)$ fell 2.58% to $254.56, and Travelers Cos. Inc. $(TRV)$ fell 0.80% to $261.15.
Trading volume (560,186) remained 158,077 below its 50-day average volume of 718,263.
Data source: Dow Jones Market Data, FactSet. Data compiled December 6, 2024.
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(END) Dow Jones Newswires
December 06, 2024 17:11 ET (22:11 GMT)
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